Iraqi chemical industry news

20 February 2026

MOL Group Q4 2025 Results: Strong Downstream and Consumer Services Boost Performance

Upstream struggles amid tough conditions, while Downstream and Consumer Services thrive. Profit before tax drops 11% to USD 1.3B. 2026 guidance set at USD 1.5B.
7 November 2025

MOL Group Revises 2025 EBITDA Guidance Amid Strong Q3 Results

Q3 profit stable at USD 503 mn. Upstream steady, downstream boosted by refining margins. Consumer Services grew, Circular Economy Services faced seasonal challenges. Guidance reviewed.
15 October 2025

Pearl Petroleum Boosts Khor Mor Gas Capacity by 50%

KM250 project adds 250 MMscf/d capacity, increasing Khor Mor's output to 750 MMscf/d, meeting over 80% of Kurdistan's power needs. Delivered eight months ahead of schedule.
29 September 2025

TotalEnergies 2025 Strategy and Outlook

Aims for 4% annual energy growth, $7.5B savings, and 40%+ shareholder returns. Focus on LNG, Integrated Power, and emissions reduction.
26 September 2025

MOL Group to Resume Crude Exports from Kurdistan

Agreements reached to reopen the KRI-Ceyhan pipeline, closed since spring 2023, boosting MOL's Shaikan oil field production and price realization.
15 September 2025

TotalEnergies Begins Final Projects of Iraq's GGIP

Construction starts on Iraq's seawater supply and Ratawi oil field projects, enhancing energy independence, reducing emissions, and boosting electricity supply.

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